The courts in some states have declared the financing of public schools by local property taxes unconstitutional because
A) housing should never be the basis for taxation of any kind.
B) taxes on real estate generate too much tax revenue.
C) disparity in property values means some communities have more in tax revenues to spend on education than do communities containing less valuable property.
D) the funds for public education should come from federal revenues, not from local property taxes.
Correct Answer:
Verified
Q123: The term "fiscal federalism" refers to
A)deficit financing
Q124: The notion that equally situated individuals should
Q125: Horizontal equity is a difficult concept to
Q126: Most state governments finance their budgets through
Q127: Officially, the payroll tax is referred to
Q129: A factor that would reduce the ability
Q130: Fiscal federalism
A)is uncommon in the United States.
B)involves
Q131: Fiscal federalism refers to
A)passing money from one
Q132: The Social Security system in the United
Q133: The Social Security Trust Fund
A)is insolvent relying
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